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Dubai's ICD Considers IPOs to Fuel Expansion
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Dubai’s ICD Considers IPOs to Fuel Expansion

The Investment Corporation of Dubai (ICD), the main investment arm of the emirate’s government, is exploring the possibility of entering capital markets with a series of initial public offerings within the next year, as suggested by analysts. ICD, established in 2006, boasts a valuation of approximately $340 billion and already has Emirates NBD, the largest...